Ryde Group Income Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10.32	8.95	8.67	8.83	6.2
Revenue Growth (YoY)	32.15%	3.26%	-1.79%	42.45%	-
Cost of Revenue	7.92	6.87	8.87	9.58	5.69
Gross Profit	2.4	2.08	-0.2	-0.76	0.5
Selling, General & Admin	3.02	2.84	2.46	2.26	0.33
Other Operating Expenses	6.76	7.03	1.83	1.73	1.46
Operating Expenses	12.48	20.78	11.65	4.3	2.06
Operating Income	-10.08	-18.7	-11.85	-5.05	-1.56
Interest Expense	-0.01	-0.08	-0.45	-0.2	-0.12
Other Non Operating Income (Expenses)	0.11	0.1	0.09	0.29	0.44
EBT Excluding Unusual Items	-9.98	-18.68	-12.21	-4.96	-1.24
Impairment of Goodwill	-	-	-0.66	-	-
Pretax Income	-9.98	-18.68	-12.87	-4.96	-1.24
Earnings From Continuing Operations	-9.95	-18.68	-12.87	-4.96	-1.24
Minority Interest in Earnings	0.02	0.03	0.04	0.04	0.01
Net Income	-9.93	-18.65	-12.83	-4.92	-1.23
Net Income to Common	-9.93	-18.65	-12.83	-4.92	-1.23
Shares Outstanding (Basic)	27	21	13	12	12
Shares Outstanding (Diluted)	27	21	13	12	12
Shares Change (YoY)	72.67%	63.45%	11.15%	-	-
EPS (Basic)	-0.37	-0.88	-0.99	-0.42	-0.11
EPS (Diluted)	-0.37	-0.88	-0.99	-0.42	-0.11
Free Cash Flow	-4.35	-11.76	-1.62	-3.86	-0.14
Free Cash Flow Per Share	-0.16	-0.55	-0.12	-0.33	-0.01
Gross Margin	23.24%	23.24%	-2.28%	-8.55%	8.10%
Operating Margin	-97.63%	-208.95%	-136.70%	-57.23%	-25.21%
Profit Margin	-96.20%	-208.38%	-148.00%	-55.78%	-19.87%
Free Cash Flow Margin	-42.12%	-131.41%	-18.63%	-43.69%	-2.23%
EBITDA	-9.46	-18.14	-11.45	-4.75	-1.29
EBITDA Margin	-91.68%	-202.70%	-132.06%	-53.82%	-20.81%
D&A For EBITDA	0.61	0.56	0.4	0.3	0.27
EBIT	-10.08	-18.7	-11.85	-5.05	-1.56
EBIT Margin	-97.63%	-208.95%	-136.70%	-57.23%	-25.21%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q